Trader 0xRay has increased its long position in Nvidia to $16.4 million, making it the largest on-chain NVDA long.

BlockBeats News, February 25 — According to Coinbob's popular address monitoring, well-known crypto trader Ray (X: 0xRay518) increased his position in NVDA (Nvidia mapped contract) with 6x leverage within the past 24 hours. The additional purchase was approximately $2.019 million at an average price of $192.83, bringing his total position to $16.4 million with an average entry price slightly up to $190.1. Currently, this position has an unrealized profit of about $290,000 (8.68%), with a liquidation price of $162.56.

This position was first established on February 18 and is now the largest long position in NVDA on the Hyperliquid platform. Meanwhile, the address has fully closed its MU (Micron) long position, leaving only the NVDA position in the account.

Previous trading records show that 0xRay opened a NVDA long at an average price of $177 in November last year, gradually rolling over the position. During this period, he recorded significant unrealized gains before closing the position at break-even during a short-term market correction.